Economy, asked by divi8555, 8 months ago

mention wastes of capitalist economy

Answers

Answered by sayanahunnarkar
1

Answer:

As early as the 1920s Stuart Chase identified four systematic sources of waste under capitalism: (1) the labor power used to produce “vicious or useless goods and services”; (2) labor power wasted due to unemployment; (3) the unplanned nature of production and distribution of goods leading to inefficiencies..

Answered by rohansahil327
0

Answer:

Features of a capitalist economic system

1. Economic freedom

2. Consumer sovereignty

3. Limited government

4. Finance sector

Examples. The United States is one example of capitalism

Explanation:

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